Prof. Aswath Damodaran is interviewed about tax havens

— August 2, 2013

Excerpt from BBC Capital -- "Tax-haven status can be a real boon for countries without natural resources, a large industrial base or significant tourist income. If a company has a large office in a tax haven, there can be a big benefit for the local community, from jobs to better infrastructure that’s built to support the needs of multinationals, said Damodaran."